Explained in plain English
Your holiday money
When the pound drops against the dollar or euro, your holiday budget shrinks. If you're planning a trip to the US or Europe, you'll get less foreign currency for your pounds. This means things like meals, souvenirs, and activities will effectively cost you more while you're away.
Stories that explain this
British pound drops slightly against the dollar as Middle East tensions riseThis explainer came from a news story
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